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RealPage Completes 2005 SAS 70 Type II Audit

CARROLLTON, Texas, January 13, 2006—RealPage, Inc., a leading provider of
products and services to the multifamily industry, today announced receipt of
its final 2005 SAS 70 Type II audit report assessing the company’s compliance
with a rigorous set of control objectives designed to ensure the integrity of
transaction processing and overall security of client data hosted by RealPage.
The certification was performed by Grant Thornton, LLP.

The SAS 70 was developed by the AICPA to allow hosting service providers such
as RealPage to show that they have processes and controls in place to provide a
stable and secure environment that can perform transaction processing and safely
exchange company data. The SAS 70 may also be used by external auditors of
RealPage’s clients to better understand internal controls at RealPage and tests
applied to those controls that would be relevant to the auditors’ performance of
financial statement audits.

“We’re thrilled about the SAS 70 report,” said Jim Charles, senior vice
president of operations at RealPage. “It means for second straight year our
clients will not have to spend time and money sending their own auditors to
audit RealPage in order to satisfy their financial reporting and controls
obligations under Sarbanes-Oxley.”

In addition to helping customers meet reporting requirements, the report
provides evidence to RealPage customers that the company maintains a rigorous
set of internal controls for the protection of its clients’ data. “This has
always been a priority for us, but these days it’s not just critical, it’s
required,” said Charles.

RealPage plans to continue to complete SAS 70 examinations going forward. The
company has already received security certification from Cybertrust and privacy
certification from TRUSTe.